Wealthsimple Partners with Kalshi to Launch New Prediction Markets Product

TechFlow news: On June 18, according to The Globe and Mail, Canadian fintech company Wealthsimple announced a partnership with prediction market platform Kalshi to jointly launch a new prediction market product. Previously, Robinhood had also entered the Canadian market through its acquisition of WonderFi, intensifying competition in the prediction market segment in Canada. Canadian regulators are currently actively studying preparations related to prediction markets.